UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
Brookfield Asset Management Ltd. (“BAM”) held its 2025 Annual Meeting of Shareholders on May 5, 2025 (the “Meeting”).
The tables below set forth the number of votes cast for, against, and withheld for each matter voted upon by BAM’s holders of Class A Limited Voting Shares (the “Class A Shares”) and Class B Limited Voting Shares (“Class B Shares”).
| 1) | Election of Directors. All of the 12 nominees proposed by management for election to BAM’s Board of Directors were nominated for appointment and elected at the Meeting to hold office until the close of the next annual meeting of BAM’s shareholders. |
Director Nominee |
For |
Withheld | ||
Barry Blattman |
1,469,065,906 (98.06%) | 29,116,643 (1.94%) | ||
Angela F. Braly |
1,497,842,984 (99.98%) | 339,565 (0.02%) | ||
Marcel R. Coutu |
1,493,075,700 (99.66%) | 5,106,849 (0.34%) | ||
Scott Cutler |
1,497,385,561(99.50%) | 796,988 (0.05%) | ||
Bruce Flatt |
1,483,290,876 (99.01%) | 14,891,673 (0.99%) | ||
Oliva (Liv) Garfield |
1,470,059,798 (98.12%) | 28,122,751 (1.88%) | ||
Nili Gilbert |
1,492,194,908 (99.60%) | 5,987,641 (0.40%) | ||
Keith Johnson |
1,497,481,331 (99.95%) | 701,218 (0.05%) | ||
Brian W. Kingston |
1,468,891,524 (98.04%) | 29,291,025 (1.96%) | ||
Cyrus Madon |
1,466,656,179 (97.90%) | 31,526,370 (2.10%) | ||
Diana Noble |
1,492,236,614 (99.60%) | 5,945,935 (0.40%) | ||
William Powell |
1,469,081,070 (98.06%) | 29,101,479 (1.94%) |
| 2) | Appointment of External Auditor. The resolution to reappoint Deloitte LLP as the external auditor of BAM to hold office until the next annual meeting of BAM’s shareholders and to authorize the directors to fix the remuneration to be paid to the external auditor was approved by the majority of both the holders of Class A Shares and Class B Shares. |
For |
Withheld |
Total | ||
| 1,509,734,644 (99.6%) | 632,528 (0.04%) | 1,510,367,172 (100%) |
| 3) | Say on Pay Resolution. The resolution passing an advisory resolution on BAM’s Approach to Executive Compensation was approved by the majority of the holders of Class A Shares. |
For |
Against |
Total | ||
| 1,484,655,772 (99.10%) | 13,526,770 (0.90%) | 1,498,182,542 (100%) |
| Item 8.01 | Other Events. |
On May 5, 2025, BAM issued a press release announcing the results of the Meeting and director elections. The press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference into this Item 8.01.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| Exhibit Number |
Description | |
| 99.1 | Press Release dated May 5, 2025 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: May 5, 2025
| Brookfield Asset Management Ltd. | ||
| By: | /s/ Kathy Sarpash | |
| Name: | Kathy Sarpash | |
| Title: | Managing Director, Legal & Regulatory and Corporate Secretary | |